Index Insurance Forum

Global

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18
Sep
How would you describe the international landscape of initiatives to help smallholders manage their risks? How is the emerging market structured and who are the innovators? What have they learned so far, current constraints and future opportunities? What insurance, financing, and other risk mitigation products and services are already available? Which gaps need to be filled, and how? These and related questions are the subjects of a global study by the Initiative for Smallholder Finance (ISF). Commissioned by the Syngenta Foundation, the study began in March. Its results will form a...
The core objective of the project is to build the resilience of food-insecure smallholders through an integrated risk management approach which includes weather index insurance, assets creation, credit and savings interventions, and climate services.
The core objective of the project is to financially and programmatically support community-centered early action to reinforce and build climate resilience.
Index insurance is a type of agricultural insurance that can serve smallholder agricultural development and risk management by protecting assets and encouraging productive investments. Limited availability, accessibility, quantity and poor quality of data on the ground are some of the primary technical constraints preventing scale-up and sustainability of index insurance. Data were the focus of the project “Improving Agricultural Risk Management in Sub-Saharan Africa: Remote Sensing for Index Insurance”. This publication outlines the project, which investigated overcoming issues with ground...
(C) FIDA
Limited availability, accessibility, quantity and poor quality of data on the ground are some of the primary technical constraints preventing scale-up and sustainability of index insurance. Data were the focus of the project “Improving Agricultural Risk Management in Sub-Saharan Africa: Remote Sensing for Index Insurance”. This publication details the project, which investigated overcoming issues with ground data by testing innovative remote sensing methodologies. It describes the different remote sensing options and opportunities available for index insurance, but it also recommends further...
13
Jun
International experts and practitioners in climate and disaster assessment, risk management, and risk communication gathered on May 14-18, 2018 in Mexico City at the 2018 Understanding Risk Forum. Organized by the World Bank’s Global Facility for Disaster Reduction and Recovery (GFDRR) every two years, the event provides organizations and individuals with the opportunity to exchange knowledge, highlight new activities and initiatives, establish new partnerships, and foster innovation in the field. As part of this year’s program, the Disaster Risk Financing and Insurance Program ( DRFIP ) and...

Introduction to Index Insurance and GIIF

Index insurance is an innovative approach to insurance provision that pays out benefits based on a pre-determined index or loss of assets and investments resulting from weather and catastrophic events, without requiring the traditional services of insurance claims assessors. It also allows for the claims settlement process to be quicker and more objective.
The Global Index Insurance Facility conducted video interviews with donors, guest speakers, and participants at the Global Index Insurance Conference 2017 in Dakar. All 23 videos are listed here .
GIIF and ILO's Impact Insurance Facility jointly published a paper entitled "Unlocking Smallholder Credit: Does Credit-Linked Agricultural Insurance Work?" Authored by Independent Researchers Richard Meyer and Peter Hazell and World Bank Group's Panos Varangis, this paper reviews possibilities for, and experience with, credit-linked crop insurance, including different types of insurance and credit arrangements, ranging from insurance sold to individual farmers to meso insurance sold to financial service providers (FSPs) to cover losses suffered by farmer borrowers.
ACRIPlus produced a short video on an approach to disaster risk management.